Syscoin (SYS) 24-Hour Trading Volume Hits $3.95 Million

Syscoin (SYS) traded down 10% against the US dollar during the 1-day period ending at 14:00 PM ET on September 16th. Syscoin has a total market capitalization of $78.40 million and $3.95 million worth of Syscoin was traded on exchanges in the last day. Over the last seven days, Syscoin has traded down 8.3% against the US dollar. One Syscoin coin can currently be bought for $0.0989 or 0.00000171 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 3.6% against the dollar and now trades at $57,804.10 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.5% against the dollar and now trades at $312.10 or 0.00539932 BTC.
• Arweave (AR) traded down 2.4% against the dollar and now trades at $18.87 or 0.00032642 BTC.
• Bitcoin SV (BSV) traded down 3.5% against the dollar and now trades at $45.99 or 0.00079565 BTC.
• eCash (XEC) traded 3.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

SYS is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official website for Syscoin is syscoin.org. The official message board for Syscoin is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

It is usually not presently possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView